8 Deferred

Unfair rent charges imposed on OPSO owners with less than 75% equity.

Conclusion
It is unfair that OPSO owners with shares of less than 75% are liable to pay rent on the entirety of the landlord’s equity in the property, while those who own the maximum 75% share pay no rent at all.
Government Response Summary
The Government is looking forward to receiving the report of the independent Older People’s Housing Taskforce in due course, and will of course consider their recommendations carefully, including any regarding OPSO.
Paragraph Reference
79
Government Response
Deferred
HM Government Deferred
24.T he Government is looking forward to receiving the report of the independent Older People’s Housing Taskforce in due course, and will of course consider their recommendations carefully, including any regarding OPSO.
Source
Committee Housing, Communities and Local Government Committee
Inquiry Shared Ownership
Report Fifth Report - Shared Ownership 28 Mar 2024 HC 61
View on Parliament website
Addressee Bodies
Ministry of Housing, Communities and Local Government
Timeline
Recommendation age 2.2 yrs
Report published 28 Mar 2024